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6702 TORRESDALE AVE Philadelphia, PA 19135
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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,495 sqft
Price per Sqft $140
Subdivision Tacony
MLS Listing ID PAPH2012344
Sold Date 10/28/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $2,650
Tax Year 2021
Lot Size 2,425 Sqft
Acres 0.06
Lot Dimensions 25.00 x 97.00
Property Description
This is a great opportunity to own a successful, profitable business or a commercial mixed use property that has 2 residential family units. This building has great value being sold as is & you can either take over the profitable pizza business, convert it to a business of your choosing or lease it out for $1800 a month. This building also has 2 family dwellings, the 1st unit is a spacious 2 bedroom & the 2nd unit is a 1 bedroom that together can bring in an additional $1,800 a month. This is a great investment property located on a popular street in Northeast Philadelphia that can bring in up to $3,600 a month in passive income. The cap rate for this property is 11.2%. The seller is also willing to just sell the business for 125k or sell the whole building. This is truly a unique opportunity that does not come around often. Bravos Pizza is an extremally successful, profitable business that has been serving the community great food for years & you can be the next owner! Schedule your showing today if your serious about making some dough!
Location
State PA
County Philadelphia
Area 19135 (19135)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air, Radiant
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type On Street
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871193950
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, Private, Other, Negotiable
Listing Terms Cash, Conventional, FHA, Private, Other, Negotiable
Financing Cash,Conventional,FHA,Private,Other,Negotiable
Special Listing Condition Standard
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Bought with Shu Shu • BHHS Fox & Roach-Bryn Mawr